Please help .. I am very confused with this.. Below is the image of graph.
http://img504.imageshack.us/img504/4706/graphtn0.jpg
A ) The profit maximizing price this monopolist will charge is $ ____ ( I thought it was $5 , but its wrong)
B) The total revenue (TR) this monopolist will receive when it maximizes its profit is $ _______
C) The average total cost (ATC) this monopolist will expereince when it maximizes its profit is $ _______
D) The total cost (TC) this monopolist will expereince when it maximizes its profit is $ ______
E) This monopolist earns $________profit (numeric and sign) when it maximizes its profit.
F) This monopolist earns $________profit per unit (numeric and sign) when it maximizes its profit.
I am making it clear for you before you start your nasty comments ( this is for only some users ).. I need help, Why? because i dont understand this.. and i have to perform this soon on my own.
Pls be kind.. Juri-EU & othr users, pls help
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